Overview, Content & Syllabus

I – Financial Accounting

Accounting Principle GAAP

Preparation of Journals, Ledgers & Trial Balance

Rectification of errors Bank Reconciliation Statement (BRS)

Depreciation, Provisions & Reserves

Finalisation of Accounts of proprietorship, partnership and joint stock companies

II – Project

Source Documents Vouchers

Writing books of accounts - Cash Book, General Ledger - GL, Accounts Receivable - A/R, Accounts Payable A/P, and Journal Proper

Registers – Purchase, Sales, Return Inwards & Return Outwards

Inventory Management - Stock Records, Stock Valuation

Internal Check & Audit

Year Ending process & Next year beginning process

Preparation of Financial statements